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Introduction to Management Science A Modeling And Case Studies Approach with Spreadsheets 6th Edition By Frederick-Test Bank Hillier

Original price was: $40.00.Current price is: $29.97.

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  Resource Type: Test bank

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Original price was: $40.00.Current price is: $29.97.

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Test Bank For An Overview of Management Science Utilizing a Modeling And Case Studies Method with Spreadsheets 6th Edition By Frederick Hillier

ISBN-10:1259918920 , ISBN-13:978-1259918926

Chapter 2 Linear Programming: Fundamental Ideas

1) Various objectives or targets are specified for linear programming points.

Answer: FALSE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

2) Linear programming enables a manager to determine the optimal mix of activities and their levels to pursue.

Answer: TRUE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

3) Linear programming problems typically involve either maximizing or minimizing an objective function.

Answer: TRUE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

4) Not all linear programming models have an objective function and at least two constraints.

Answer: FALSE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

5) Constraints restrict the alternatives available to a decision maker.

Answer: TRUE

Difficulty Level: Medium

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Understand

AACSB: Information Systems

Accessibility: Keyboard Navigation

6) Optimal solutions will not always be displayed in the data cells when formulating a linear programming problem on a spreadsheet.

Answer: FALSE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

7) Output cells do not necessarily show the levels of activities for the decisions being made when formulating a linear programming problem on a spreadsheet.

Answer: FALSE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

8) Expressing Excel equations for output cells in a linear programming problem as a SUMPRODUCT function is common when using a spreadsheet.

Answer: TRUE

Difficulty Level: Easy

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Formulate a basic linear programming model in a spreadsheet from a problem overview.

Bloom’s Taxonomy: Consider

AACSB: Information Systems

Accessibility: Keyboard Navigation

9) Spreadsheets offer great flexibility in handling a wide range of issues.

Answer: TRUE

Difficulty Level: Medium

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Formulate a basic linear programming model in a spreadsheet from a problem overview.

Bloom’s Taxonomy: Understand

AACSB: Analytical Thinking

Accessibility: Keyboard Navigation

10) Linear programming problems can be approached both algebraically and through the use of spreadsheets.

Answer: TRUE

Difficulty Level: Medium

Topic: Understanding the Mathematical Model within the Spreadsheet

Learning Objective: Clarify the concept of linear programming.

Bloom’s Taxonomy: Understand

AACSB: Information Systems

Accessibility: Keyboard Navigation

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Introduction to Management Science A Modeling And Case Studies Approach with Spreadsheets 6th Edition By Frederick-Test Bank Hillier
Introduction to Management Science A Modeling And Case Studies Approach with Spreadsheets 6th Edition By Frederick-Test Bank Hillier

Original price was: $40.00.Current price is: $29.97.

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